[goldstategop]

Unless you can self-insurance for the value of the property, yes, you need to get insurance. The bank will refuse to write a loan if you don't. As for auto insurance, most states require you to carry a minimum liability policy. If you really can't afford the insurance, stop driving a car.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II Paleologus

[laotzu]

most states require you to carry a minimum liability policy

Most states require that you provide evidence of financial responsibility. Insurance is only one of several acceptable methods of doing so.

No state requires/mandates that you carry auto insurance.